ProceduresGovernment

Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones)

Código 710391 (Harmonized System 2012 by 6 digits)

 2023: US$1.87M, Total Trade Exchange

2023: US$82.7k, International Sales

  2023: US$1.79M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones) was US$1.87M.

In 2023, the states with the most international sales in Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones) were Yucatán (US$82.7k).

The states with the most international purchases in 2023 were Yucatán (US$1.22M), Ciudad de México (US$307k), Jalisco (US$95.7k), Estado de México (US$62.5k), and Nuevo León (US$27.5k).

In 2023, the main commercial destinations of Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones) were United States (US$75.8k) and Canada (US$6.87k).

The main commercial origins of Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones) in 2023 were United States (US$674k), Thailand (US$433k), India (US$426k), Italy (US$82.4k), and Brazil (US$35.5k).

In the global context, the main exporting countries of Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones) in 2022 were Thailand (US$953M), United States (US$715M), and Hong Kong (US$483M). In the same year, the main importing countries of Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones) were United States (US$1.35B), Hong Kong (US$946M), and Switzerland (US$560M).

Trade Balance of Mexico

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Net Trade Balance

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US$1.87M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones) in Mexico (including international purchases and sales) was US$1.87M.

The visualizations show the net balance of Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones) at the level of states and countries. Colors more similar to blue, indicate that the territory presented a higher level of international sales. Colors more similar to red, indicate that the territory presented a higher level of international purchases.

Net International Trade

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November, 2024

  • US$97.2k, International Purchases
  • US$3.76k, International Sales

In November 2024, international sales of Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones) were US$3.76k, while international purchases reached US$97.2k. The above results in a trade balance of -US$93.5k.

Market Concentration

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2024-Q4: US$13.9k, International Sales

The visualization shows the quarterly concentration of international sales of Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones) at state level.

In the fourth quarter of 2024, international sales were US$13.9k, being the states with the most sales Yucatán (US$13.9k).

Exchange by Territory

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International Sales

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Yucatán: US$82.7k, State with the Most International Sales (2023)

United States: US$75.8k, Main commercial destination (2023)

In 2023, the states with the highest international sales in Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones) were Yucatán (US$82.7k).

In 2023, the countries with the most international purchases from Mexico were United States (US$75.8k) and Canada (US$6.87k).

International Purchases

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Yucatán: US$1.22M, State with the Most International Purchases (2023)

United States: US$674k, Main Commercial Origin (2023)

In 2023, the states with the highest international in Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones) were Yucatán (US$1.22M), Ciudad de México (US$307k), Jalisco (US$95.7k), Estado de México (US$62.5k), and Nuevo León (US$27.5k).

The countries with the most international sales to Mexico in 2023 were United States (US$674k), Thailand (US$433k), India (US$426k), Italy (US$82.4k), and Brazil (US$35.5k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones)  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones). On the other hand, high levels of complexity (ECI) are associated with higher levels of income, potential for economic growth, lower income inequality and lower emissions.

Origins and Trade Destinations

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  • 0.012%, Mexican share in global exports - 2022
  • 0.028%, Mexican share in global imports - 2022

The visualizations show the global market for Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones). In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2022, the main exporting countries of Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones) were Thailand (US$953M), United States (US$715M), and Hong Kong (US$483M). In the same year, the main importing countries for Rubies, Sapphires and Emeralds, Worked, whether Classified, but not Strung, Mounted or Set.; Rubies, Sapphires and Emeralds, Ungraded, Temporarily Skewered Facilitate Transport (Exc. Simply Sawn or Roughly Trimmed, as well as Imitations of Precious or Semiprecious Stones) were United States (US$1.35B), Hong Kong (US$946M), and Switzerland (US$560M).